Residential land for sale
Havens Cottage, Noforija, Epe, Lagos
See the investment angle and benefits here:
location advantage
situated in noforija, epe---the education, culture, & development hub of epe division.
surrounded by lasued (former mocped), epe toll gate, film city (ejinrin), and food security & logistics hub (ketu-ereyun).
quick connection to lagos--ijebu-ode expressway, opening access to ogun and ondo states.
roi projection on havens cottage (₦32m/plot)
in assumption:
from current price: ₦32m per plot
average annual appreciation in noforija estates: 20--35% (driven by infrastructure and demand).
time horizon: 5 years
conservative resale estimates based on epe market trend.
minimum appreciation value estimated yearly per plot (₦)% in 5 years.
2025 (entry) ₦32m
2026 +25% - ₦40m
2027 +25% - ₦50m
2028 +25% - ₦62.5m
2029 +25% - ₦78m
2030 +25% - ₦97.5m
projection on average: ₦32m grows to ~ ₦97.5m in 5 years (= 3x growth).
_*~ while on development interest value:*_
build-to-rent option (student hostels or worker housing near lasued & logistics hub).
a studio unit apartment cost around ₦400k to ₦500k per year rent
while a 2 or 3-bedroom flat apartment cost almost or about ₦2m annual rental.
roi via rental: 5% yearly cashflow + 25% land appreciation.
festival & tourism season certainly peaks short-let demand as well as regular activities during festivals & film city events.
_* why havens cottage?*_
*documentation:* verified
~ registered survey & deed
*title:* govt. approved
~ residential c of o
*security of title:* located in an excised community, reducing govt acquisition risks.
_*infrastructure promise:*_
- gatehouse & fencing,
- power & water supply,
- 24/7 security surveillance,
- street lights drainage,
- good & accessible road network.
*target market:-* students, lecturers, film professionals, traders, tourists, etc.
_* investor strategy:*_
1. land banking (passive) -- buy more plots, hold for 5 years resale at x3 value.
2. build-to-rent (active) -- develop small units earn yearly rent + land appreciation.
3. hybrid -- secure 2 plots: bank one, develop the other balanced income & growth.
* summary breakdown:*
haven's cottage, noforija, epe, lagos is a buy and build property with consideration for landbanking option.
entry cost (2025): ₦32m
projected value (2030): ~ ₦97.5m
growth multiplier: ~3x in 5 years
optional cashflow: rental yields of 5--8% yearly if develop...
More details
₦32,000,000 per plot
Redolent Realty
08163380425
